1055 32nd Street

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1055 32nd Street

Allegan, MI 49010
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property located at 1055 32nd Street in Allegan.
  • Building offers a total of 1,280 square feet of space.
  • The site is currently available for purchase as a commercial asset.
  • Strategic location within the Allegan submarket supports various retail uses.
  • Structure provides a flexible layout for prospective business owners and investors.

What's Special

Spanning 1,280 square feet, this retail storefront provides a functional footprint for businesses seeking a presence in Allegan, Michigan. The property is situated at 1055 32nd Street, positioning it within a local market that benefits from the steady economic activity characteristic of this region. Retail space of this size is well-suited for boutique shops, professional service offices, or specialized service providers looking for direct street access and visibility. Allegan serves as a stable community within the broader Michigan landscape, offering connectivity to regional thoroughfares that support commerce and local industry. Prospective investors or owner-occupiers can leverage the existing structure for immediate operations or potential adaptive reuse projects. The layout accommodates a variety of commercial functions, making it a practical addition to an investment portfolio or a starting point for a new business enterprise in a growing suburban market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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